Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$432,742$432,742$503,910
Remaining term (yrs)28.928.930.0
Secondary amount$0$71,168$0
Funding fee$2,164$2,164$0
Note rate6.340%6.340%7.400%
Blended rate6.340%6.716%7.640%
1st payment$2,718.48$2,718.48$3,488.97
2nd payment$0.00$533.76$0.00
Taxes / mo$466.58$466.58$466.58
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$100.78
HOA / mo$0.00$0.00$0.00
Total monthly$3,351.73$3,885.49$4,223.00
Cash to close$127,158$55,990$55,990